Global Metal Powder Market, By Metal Form (Scrap/Recycled Metal, Ores), Production Method (Physical, Chemical, Mechanical), Compaction Technique (Cold Compaction, Hot Compaction), Type (Ferrous Metal Powder, Non-Ferrous Metal Powder), Application (Transportation and logistics, Industrial, Construction, Electrical and electronics Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Metal Powder Market
The metal powder market is expected to witness market growth at a rate of 5.35% in the forecast period of 2022 to 2029. Data Bridge Market Research report on metal powder market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for sintered parts is escalating the growth of metal powder market.
Metal powders provides greater versatility while reducing waste in the manufacturing of parts and coatings of other metals. Some products that are easily obtainable in the market are such as aluminum, zinc, cadmium oxide, iron, manganese, tin and nickel powder amongst others.
Major factors that are expected to boost the growth of the metal powder market in the forecast period are the rise in the need for metal powders in the manufacturing of additives. Furthermore, the increasing demand from end user industry is further anticipated to propel the growth of the metal powder market. Moreover, the technological developments in metal powder industry is further estimated to cushion the growth of the metal powder market. On the other hand, the growing initial capital investment is further projected to impede the growth of the metal powder market in the timeline period.
In addition, the growing need for metal powder in emerging economies will further provide potential opportunities for the growth of the metal powder market in the coming years. However, the variations in the raw material prices might further challenge the growth of the metal powder market in the near future.
This metal powder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the metal powder market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Metal Powder Market Scope and Market Size
The metal powder market is segmented on the basis of production method, metal form, compaction technique, type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of metal form, the metal powder market is segmented into scrap/recycled metal, and ores.
- On the basis of production method, the metal powder market is segmented into physical, chemical, and mechanical.
- On the basis of compaction technique, the metal powder market is segmented into cold compaction, and hot compaction.
- On the basis of type, the metal powder market is segmented into ferrous metal powder and non-ferrous metal powder.
- On the basis of application, the metal powder market is segmented into transportation and logistics, industrial, construction, electrical and electronics others.
Metal Powder Market Country Level Analysis
The metal powder market is segmented on the basis of production method, metal form, compaction technique, type and application.
The countries covered in the metal powder market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the metal powder market due to the increased demand for metal powder from automotive and aerospace industries. Furthermore, the occurrence of small- and medium-sized component manufacturers for press and sinter products and the rising demand for metal powder for additive manufacturing will further boost the growth of the metal powder market in the region during the forecast period. North America is projected to observe significant amount of growth in the metal powder market due to the rise in the trend of electric and hybrid vehicles. Moreover, the local government regulations and several companies observed temporary closure of the non-essential businesses and growing automotive production is further anticipated to propel the growth of the metal powder market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metal Powder Market Share Analysis
The metal powder market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the metal powder market.
Some of the major players operating in the metal powder market are ATI, American Axle & Manufacturing, Inc., American Chemet Corporation , AMETEK.Inc., Burgess-Norton., CRS Holdings, LLC., DAIDO STEEL, Diamet Corporation, DOWA HOLDINGS CO., LTD., ERASTEEL, F. W. Winter Inc, & Co., Federal-Mogul Goetze (India) Limited, fine-sinter Co., Ltd., GKN Sinter Metals Engineering GmbH, Hoeganaes Corp., H.C. Starck Tungsten GmbH, Showa Denko Materials Co., Ltd., Höganäs AB, JFE Steel Corporation., Kennametal, Inc., KOBE STEEL, LTD., Kymera International, Miba AG, Norilsk Nickel, PMG Holding., and Rio Tinto Metal Powders among others.